As lifespans extend, traditional financial planning models are becoming obsolete, necessitating a shift towards more adaptable and inclusive strategies. Fintech innovations like robo-advisors and behavioral nudges can aid individuals in managing their finances throughout a potentially 100-year life, but achieving impactful change requires collaboration among fintechs, banks, employers, and policymakers. A system-wide approach is essential to ensure financial resilience for an aging population.
longevity-economy ✓
fintech ✓
financial-planning ✓
collaboration ✓
+ retirement